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Rising Prevalence of Obesity to Push the
Global Bariatric Surgery Market at 9.41%
CAGR by 2028
Triton Market Research presents the Global Bariatric Surgery Market report segmented by Device
(Assisting Device [Trocars Device, Suturing Device, Stapling Device, Closure Device, Other Assisting
Devices], Implantable Device [Gastric Emptying, Gastric Balloon, Electrical Stimulation Device, Gastric
Band], Other Devices), by Geographical Region (Asia-Pacific, Latin America, North America, Europe,
Middle East and Africa), discussing Market Summary, Market Definition, Porter’s Five Force Analysis,
Value Chain Analysis, Market Attractiveness Index, Key Insights, Drivers, Restraints, Opportunities,
Challenges, Company Profiles, Research Methodology & Scope, Global Market Size, Forecasts & Analysis
Triton Market Research’s report depicts that the Global Bariatric Surgery Market is augmenting with a
compound annual growth rate of 9.41% over the forecast years 2019-2028. Bariatric surgery is a major
surgery to treat a person with obesity. It opted for when no other options to lose weight have worked for
the patient. The surgery involves reducing the stomach size by using a gastric band or by eliminating a few
parts of the stomach.
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Bariatric surgeries have become easier and more efficient with the technical advancements in this
procedure. A number of advanced procedures have been incorporated into the treatment modalities of
bariatric surgery. In the 1990s, laparoscopic technology was introduced for bariatric surgery, which made
the frequency of the surgery very high. Laparoscopy is a technique that allows surgeries to be performed
with a small opening and less pain, unlike the conventional open interventions. The increasing
government initiatives pertaining to obesity are also favoring the global market growth. However, huge
costs of these surgeries are hampering the growth of the bariatric surgery market.
The Asia-Pacific is expected to be the fastest-growing region for the bariatric surgery market in the
estimated period. The rising prevalence of diabetes in countries like China, Japan, South Korea and India
is likely to push the demand for the regional bariatric surgery market. Government initiatives towards
reducing obese patients are also aiding market growth.
A few of the major companies in the global bariatric surgery market are Reshape Lifesciences Inc, Lupin,
Aspire Bariatrics, Intuitive Surgical, Medtronic, GE Healthcare (General Electric Company), Olympus
Corporation, Abbott, Conmed Corporation, Apollo Endosurgery Inc, The Cooper Companies Inc, Allergan,
B. Braun Melsungen AG and Ethicon Inc (Johnson & Johnson). Most of the market players are trying to
expand their territory to capture market share. Due to the stringent government policies and huge initial
investments, the threat of new entrants in the market is moderate.
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